The dollar edged lower after investors reacted negatively to an international bailout package for Cyprus that raised concerns about fresh upheaval in the eurozone. The eurozone has taken the unprecedented step of proposing a new levy on ...
Tags: Dollar, eurozone, risk assets
On Monday, Lisle, Illinois-based SunCoke Energy and India-based VISA Steel Limited announced the official launch of their cokemaking joint venture in India. The new joint venture will be called VISA SunCoke Limited. SunCoke Energy holds a ...
Tags: Suncoke Energy, Visa Steel, Mineral
If U.S. law enforcement agencies agree to changes in electronic surveillance law to better protect the privacy of stored email and documents, they want several changes in return, including a requirement that email and cloud service ...
Tags: E-Surveillance, Computer Products, software
U.S. House lawmakers plan to hold a three-day series of hearings to determine how the U.S. Food and Drug Administration should regulate mobile health applications. The House Energy and Commerce Committee plans to begin the hearings ...
Tags: Computer Products, software
EMC has donated a large storage system to the Vatican, which will use it to store digitized images of printed works, some of which are more than 1,000 years old. The 2.8-petabyte storage system (a petabyte is 1 million gigabytes) is ...
Tags: EMC, Vatican storage, storage system
February retail sales exceeded expectations, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that February retail sales at $421.4 billion were up 1.1 ...
Tags: retail sales, sales, promising signs
Chinese buyers were bargain-hunting in the seaborne market against a backdrop of generally bearish demand and were heard Friday to have snapped up two Capesize spot cargoes of 5,500 kcal/kg NAR coal for $83.50-84.75/mt CFR south China, with ...
Tags: Chemicals, CFR Cargoes Trade, Chinese Market
Transphorm Inc of Goleta, near Santa Barbara, CA, USA (which designs and delivers power conversion devices and modules) has launched the Total GaN family of gallium nitride on silicon transistors and diodes, establishing what is claimed to ...
Tags: Transphorm, power devices, GaN device
Korean steel giant Posco is visiting Chile and Argentina in a bid to find salt lake to produce lithium at low cost. President and CTO of Posco, Ohjoon Kwon said that the company is flying to Argentina and Chile to talk about the energy ...
Tags: POSCO, steel giant, steel
The sharemarket roared back to life today with its biggest rise in the past eight months as investors snapped up bargains after a three-day decline. The benchmark S&P/ASX200 closed up 1.8 per cent at 5120.2 after hitting a seven-day low ...
Tags: Stocks, sharemarket, benchmark
The Australian dollar rose to a five-week high yesterday after data showed the nation recorded its strongest monthly employment growth in almost 12 years last month, diminishing the chance of further immediate interest rate cuts that might ...
Tags: Australian dollar, dollar, Financial
Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical network systems incorporating its own indium phosphide-based photonic integrated circuits (PICs), and global data center services provider CyrusOne ...
Tags: Infinera, cloud based services, digital optical network systems
The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...
Tags: Stocks, sharemarket, benchmark
The latest Manpower Employment Outlook Survey results show hiring sentiment for the second quarter of 2013 will remain subdued, as local economic and political uncertainty continues to affect employers. The survey found employers' hiring ...
Tags: Australian Market, Service, economy
The US economy is unlikely to fall back into a recession, despite the March 1 sequester, because a revival in the private sector is likely to offset the fiscal drag of public spending cuts, according to EFIC's latest issue of World Risk ...